Last week Barcelona announced it had sold striker Bojan Krkic to Roma for 12 million Euros. It turns out that the “sale” was not really a sale but a glorified loan that was slightly more expensive than a regular loan for Barcelona.
This week it was revealed that while Roma has agreed to purchase Krkic its payment is not due until July 1, 2013. However, under the terms of the sale Barcelona is obliged to buy back Krkic for 13 million euros at the end of the 2012-13 season. Roma can stop the buyback provisions with an additional payment of a mere 28 million more euros for a total of 40 million euros.
For the burden of Krkic’s 3.2 million euro salary per year, Roma gets to utilize the talents of the almost 21-year old Spanish striker plus earn the club an additional 1 million Euros. Barcelona on the other hand gets out of salary obligations of Krkic for two seasons but ensure his return to the Catalan club, but if he does not develop can surely negotiate a lesser transfer fee at the end of the deal.
The deal speaks to the financial hardships experienced by both clubs. Barcelona cannot afford to pay all of its players salaries. Roma on the other hand cannot afford transfer fees to strengthen its squad despite being purchased by the American Thomas Di Benedetto.
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